What company bought Myspace?

What company bought Myspace?

News Corp.
Rupert Murdoch’s News Corp. bought Myspace and its parent company, Intermix, in 2009 for $580 million. Just a few years later, Murdoch sold the obsolete platform to media company Viant for $35 million. Myspace changed hands one last time in 2011, when Time purchased Viant’s assets for an undisclosed amount.

Did Facebook kill Myspace?

Now It’s Saving It. bought MySpace in July 2005, it was worth $580 million, at least to Rupert Murdoch. When it sold the site last June, to an advertising network owner called Specific Media, it was for a mere $35 million.

When was MySpace acquired by the News Corporation?

Myspace (originally stylized as MySpace) is an American social networking service. From 2005 to 2008, it was the largest social networking site in the world. Myspace was acquired by News Corporation in July 2005 for $580 million, and in June 2006 surpassed Yahoo! and Google to become the most visited website in the United States.

Who was the first person to sell MySpace?

Ever curious what everyone’s first friend on MySpace is doing these days? Tom Anderson, recognizable by his famous whiteboard picture as the default friend on MySpace, sold his social networking site to Rupert Murdoch’s News Corporation for $580 million back in 2005.

When did Rupert Murdoch buy the company MySpace?

Rupert Murdoch’s News Corporation bought Myspace in 2005 for $580m. In 2006 Google signed a $900m deal to sell ads on Myspace; by 2007 it had 300m registered users and was being valued at $12bn. But the social network was subsequently crushed by Facebook, which launched a year after Myspace.

How much did Tom Anderson sell MySpace for?

Tom Anderson, recognizable by his famous whiteboard picture as the default friend on MySpace, sold his social networking site to Rupert Murdoch’s News Corporation for $580 million back in 2005. Anderson, now 44, spends his time globetrotting and pursuing his interest in photography, which he posts on his Instagram.

Who bought MySpace for 580 million?

Myspace was acquired by News Corporation in July 2005 for $580 million, and in June 2006 surpassed Google as the most visited website in the United States.

Did Facebook buy MySpace?

MySpace was just acquired by Time Inc. MySpace, Facebook’s one-time rival, has a new home. The fallen tech star is now owned by Time Inc, which acquired the company almost by accident after buying ad tech firm Viant .

When did Justin Timberlake buy MySpace?

In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. Time Inc. was in turn purchased by the Meredith Corporation on January 31, 2018.

How popular is MySpace?

Fifteen million monthly visitors is a far cry from nearly 160 million monthly users that Facebook boasts, but it puts Myspace almost on par with other popular platforms like Google Hangouts at 14.62 million monthly users and just under WhatsApp at 19.56 monthly users.